Sunday, November 24, 2013

Ireland ranked seventh out of 27 helping world poor

Ireland has ranked seventh out of 27 countries on a scorecard of how
they help the world’s poor but performed poorly on investing in
developing countries and policies blocking migrants from those nations.

The Commitment to Development Index, a ranking compiled by the
Washington DC- based think tank Centre for Global Development, scored
Ireland at the same level as the United Kingdom, which was found to have
the most development-friendly policies of any of Group of Seven biggest
economies.

While Ireland performed strongly on development aid, low emissions
growth and its contribution to United Nations peacekeeping operations,
the country was found to be only one of three without a national
political risk insurance agency and a weak investor in developing
countries.

“The Irish Government also scores poorly with regard to its low level
of support for technology development and dissemination, substantial
agricultural subsidies and policies that inhibit migrants from
developing countries,” the centre’s report said.

Technology

Nordic countries, Denmark, Sweden and Norway were scored the highest among the 27 wealthy countries. Luxembourg, the Netherlands and Finland also ranked ahead of Ireland. Out of seven
areas, Ireland performed worst on “technology”, scoring fifth from last
out of 27 nations on the basis of low government support for research
and development and for having a strong intellectual property rights
regime that limits the dissemination of new technologies to poor
countries.

The country was ranked around mid-table in the areas of trade, finance,
migration and the environment but scored highly in the areas of
security and aid.

Ireland was penalised for not having a political risk insurance agency
and for not providing assistance to companies looking to invest in
developing countries.

The country was also scored poorly for showing “weak leadership” in
extractive industry transparency initiatives, which are designed to
force companies to disclose what governments in developing countries are
paid for minerals contracts to encourage greater wealth distribution
among people.

The report cites as Ireland’s weaknesses on migration the small share
of foreign students coming from development countries and the small
number of immigrants from developing countries.

High tariffs

Ireland was penalised for imposing high tariffs on rice, sugar and beef
as a member state of the European Union, for high agricultural
subsidiaries and for requiring many documents for imports.

High fishing
subsidies and poor compliance with mandatory reporting requirements
under international environment agreements on biodiversity were
described as weaknesses in the area of environment.

Overall, the report said that wealthy countries have “a long way to go
to improve policies that support shared global prosperity.”

“What we see are slight improvements, but overall industrialised
countries, and the largest, richest nations in particular, fall well
short of their potential,” said Nancy Birdsall, president of the Centre
for Global Development.